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Alaska upstream summary

Report summary

Alaska's oil production peaked at two million barrels a day in 1988. The prolific fields of the central North Slope, such as Prudhoe Bay and Kuparuk, are mature with significant levels of investment required to mitigate natural production decline. The legacy North Slope operators, ConocoPhillips, BP and ExxonMobil, maintain an outsized role in the region in terms of remaining value, reserves and production.In May 2013, Governor Parnell signed Senate Bill 21 (SB 21), also termed the More ...

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